Petroleum min. inaugurates MOC 2018 in Alexandria

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Tue, 17 Apr 2018 - 12:49 GMT

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Tue, 17 Apr 2018 - 12:49 GMT

Egypt's Minister of Petroleum Tariq Al-Mulla  -REUTERS

Egypt's Minister of Petroleum Tariq Al-Mulla -REUTERS

ALEXANDRIA - 17 April 2018: Petroleum and Mineral Resources Minister Tariq al Mulla stressed that Egypt has made significant progress towards achieving its ambitious objective to become a regional hub for oil and gas trade, a move that is backed by the available resources in the Eastern Mediterranean region.

The minister made the remarks during inaugurating the 9th Mediterranean Offshore Conference and Exhibition (MOC 2018) in the presence of Alexandria Governor Mohamed Sultan, Commander of the Egyptian Naval Force Vice Admiral Ahmed Khaled, North Military Zone Commander Ali Ashmawy and senior officials from the petroleum sector along with the president of the coming edition of the conference that is set to be held in Ravenna, Italy.

The minister highlighted the importance of holding the 9th round of the conference in Alexandria, attributing its importance to being a distinguished petroleum platform at which domestic, regional and international experts, chairpersons of the companies and decision makers involving in the petroleum sector meet with each other to exchange views and opportunities.

The year’s edition is held under the theme "Mediterranean Potentials – Unlocked Step 2", slated to run for three days with the participation of 200 companies representing 12 countries,he pointed out.

The conference asserts Egypt’s strategic partnership with its foreign partners in the oil and gas industry, in an effort to advance towards attaining further successes in view of exploring and benefiting from the resources of the Mediterranean, Mulla added.

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